Aon Q2 2024 Adj EPS $2.93 Misses $3.08 Estimate, Sales $3.760B Beat $3.733B Estimate
Portfolio Pulse from Benzinga Newsdesk
Aon (NYSE:AON) reported Q2 2024 adjusted EPS of $2.93, missing the analyst estimate of $3.08 by 4.87%. However, the company reported sales of $3.760 billion, beating the estimate of $3.733 billion by 0.73%. This represents an 18.35% increase over the same period last year.
July 26, 2024 | 10:02 am
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Aon reported Q2 2024 adjusted EPS of $2.93, missing the analyst estimate of $3.08 by 4.87%. However, sales were $3.760 billion, beating the estimate of $3.733 billion by 0.73%, and up 18.35% YoY.
The mixed results, with EPS missing but sales beating estimates, create a neutral short-term outlook. The significant YoY sales increase is positive, but the EPS miss may weigh on investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100